VP, Texas Market Manager, Community Development Banking
PNC Bank

At PNC, Ms. Groves is responsible for the team dedicated to strengthening low- and moderate-income communities in Texas through community development financing and programmatic initiatives, including philanthropy, financial education, and community engagement. She leads the team responsible for producing CRA-eligible community development lending and investment in Texas, with a focus on community development financial institutions (CDFIs), affordable housing developers, and nonprofits serving majority low- and moderate-income communities.

She is also responsible for leading the Texas implementation of PNC’s $88 billion Community Benefits Plan announced March 2021 that will provide $47 billion in home lending; $26.5 billion in loans to small businesses; $14.5 billion in community development loans, including at least $400 million for community development financial institutions; and $500 million in charitable giving. This Plan also includes a $1.5 Billion commitment to address systemic racism through the deployment of capital and programs that provide economic opportunity for communities of color across the U.S.

Ms. Groves joined the bank in 2022 with over 15 years of experience in the community development sector in both Austin, TX and Washington, DC. She most recently served as the Director of Loan Originations for the Southwest Region for Capital Impact Partners, a national Community Development Financial Institution (CDFI). She previously held roles in the public and private sectors, beginning her career in public sector management consulting.

Born in Austin and raised in Round Rock, TX, she received a BBA from the McCombs School of Business, University of Texas at Austin, and a BA in Government, University of Texas at Austin, and a MPAff from the LBJ School of Public Affairs, University of Texas at Austin.

Speaking at the Following:

Feb 21

Wednesday, February 21, 2024

Financing Tools to Make Affordable Deals Pencil

10:00am – 11:15am
Hilton Austin, Governor's Salon E, Floor 4

Affordable deals were difficult enough to pencil but have become increasingly challenging as costs escalate and public dollars dwindle. This panel will bring together different perspectives to share other tools and strategies to get more affordable housing built.